As business owners prepare to file tax returns, many find they have to reconstruct some of last year’s expenses. This is usually a result of paying business expenditures by personal means instead of through a checking account or credit card used exclusively for...

Happy Tax Day! Today starts the beginning of our Tax Filings in the United States. Here’s some important Tax Reminders for individuals and small business owners. Important Tax Dates and Information If you were affected by Hurricanes Harvey, Irma, or Maria and...

Let’s face it, every entrepreneur wants (and needs) to get paid. This is the foundation for a sustainable business trajectory. The difficulty comes in deciding how much your business should pay you. Although there’s no specific formula that covers all cases,...

As a business gets rolling, a myriad of factors can combine to create accounting issues. Although perfect accounting is as mythical as the unicorn, it’s important for business owners to adopt a strategy of keen bookkeeping oversight. The alternative is certain to...

With wild fires in the west, hurricanes on the east coast and tornadoes and severe storms in the middle of the country, the U.S. has been hit hard this year. If you are a victim of one of these natural disasters, here are some tips to help you with potential tax...

Tips for Preparing Your Books for Year End The end of the year can be a hectic time if your business’ books aren’t in order. With taxes looming and the progress of your business to consider, it’s important that your financial information is accurate and...

Fraudulent activity is on the rise Approximately 1 in 18 Americans have their identities stolen each year. Among the many identity theft scams is an emerging hoax in which cybercriminals obtain remote control of computer systems to hack into sensitive employee...

If you use your automobile for business, you may be entitled to tax deductions. Unless your car is used exclusively for business, you cannot claim a 100% business deduction. Deducting auto expenses requires diligent recordkeeping. There are two methods available for...

Paying Your Taxes in Cash IRS offers new cash payment plan The IRS announced a new payment option for individual taxpayers who need to pay their taxes with cash. In partnership with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company, individuals can now...

Regardless of the size of your business, bookkeeping is something you need to stay on top of. Even if you’re self-employed, it’s necessary to keep track of the financial side of things. It’s the best way to ensure that your business grows and remains...